Yesterday I wrote a post here about how the market looks terribly weak $BTC and there is no sign of improvement yet.
With such movement, it’s unlikely we will make it to 98, we will likely get another bounce and then down if no miracles happen.
If everything continues like this, it will be quite sad and this could stretch on for a long time and lead to a large correction in altcoins.
The price is essentially trading sideways, and the only way out of this looks to be down for now.
Looking at #TOTALCAP , we are only saved by everything above the marks of 3.15 ⛔️
If this doesn’t happen, we can confidently expect a drop in market capitalization of at least 30%! Not in altcoins! But in Total!
This will be harsh 🩸
What will this be based on?
@Firma Baffeta talks about scams, and only regulators can arrange that.
This is in response to those who confidently scream about the bottom here, but at the same time, they understand nothing about market techniques and even less about macroeconomics.
And of course, they are silent about what this bottom is in terms of counting…
4th or 5th? I lost count.
There will be good prices for purchases down there, but for now, it’s all a guess.
Despite all the pessimism, our indicators are signaling that altcoins will show growth somewhere before this, but it’s hard to say when that will be. I will let you know right away 🤝
Be bullish responsibly 😎